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ST UP, IT DOWN, grinding higher, OPEX games continue


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#21 slupert

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Posted 13 March 2019 - 01:32 PM

Notice the q's above the bollinger band usually where I start scalping (usually an easy scalp), however not this time. Tomorrow is opex for one thing the other is we have a Pres. who follows the market and takes credit for it. Did ya notice how 2 Fridays ago we go that bullish news about China, although it was just the same news over again, happened when the market was at critical resistance (just lower than now), they were trying to break it out. We are breaking out now, some China news or something similar would give the market some juice maybe a blowoff top in 1840's SPX. (JMHO)



#22 slupert

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Posted 13 March 2019 - 01:36 PM

ah screw it  scaling with hard stop,

 

http://schrts.co/MSRqMQaF



#23 dTraderB

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Posted 13 March 2019 - 01:42 PM

ah screw it  scaling with hard stop,

 

http://schrts.co/MSRqMQaF

Yep, got to have TIGHT STOPS if scalping

 

or IT/LT shorts or longs

 

So I daytrade NQ and IT trades with QQQ stops

This has been an impressive 4-day rally so far. But looks very suspect to me.



#24 robo

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Posted 13 March 2019 - 01:43 PM

ah screw it  scaling with hard stop,

 

http://schrts.co/MSRqM

Maybe a whipsaw on this system.  I do like his system!

 

https://twitter.com/...erp|twgr^author

 

Waiting to see how we close....  I remain on a buy for VST, ST, and now my daily signal too....

 

I'm still going to hold my VXXB, because that too is on a buy signal....  We shall see how it plays out.  I take the signals - no guessing involved!  That's what stops are for..... when you are wrong..... I know some so called Guru's that are paper trading so the correct call is very important to them cause they need those new subs.   That aren't very good traders in my opinion....

 

Good Trading!

 

The closing price will be the most important to me....  Waiting to buy VXF!


Edited by robo, 13 March 2019 - 01:53 PM.


#25 dTraderB

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Posted 13 March 2019 - 02:24 PM

Added 4 more QQQ JUN puts

 

 

BA is still not a BUY but it is a darn resilient stock!

 

It went up 50% from the Dec 24 low to 440; it has now gone down to "only" 374.

 

If it goes down to 325 and lower I will consider buying; if not.... just don't bother

 

SPX close today will be very important in determining the IT direction, and a possible new SPX high.

 

 



#26 slupert

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Posted 13 March 2019 - 02:52 PM

 

ah screw it  scaling with hard stop,

 

http://schrts.co/MSRqM

Maybe a whipsaw on this system.  I do like his system!

 

https://twitter.com/...erp|twgr^author

 

Waiting to see how we close....  I remain on a buy for VST, ST, and now my daily signal too....

 

I'm still going to hold my VXXB, because that too is on a buy signal....  We shall see how it plays out.  I take the signals - no guessing involved!  That's what stops are for..... when you are wrong..... I know some so called Guru's that are paper trading so the correct call is very important to them cause they need those new subs.   That aren't very good traders in my opinion....

 

Good Trading!

 

The closing price will be the most important to me....  Waiting to buy VXF!

 

Holding short actually, looks more like a set up for a gap down. (long qid 35.46) JMHO



#27 dTraderB

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Posted 13 March 2019 - 03:00 PM

Nice NQ short to end the day. 

 

This market reminds me of January 2018

 

Could be because at that time I was also loaded with QQQ puts (54), was down almost 34% on that holding, and the markets were moving up up up ....until it did not!   That was one of my best trades for the past 7 years! 



#28 slupert

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Posted 13 March 2019 - 03:06 PM

 

 

ah screw it  scaling with hard stop,

 

http://schrts.co/MSRqM

Maybe a whipsaw on this system.  I do like his system!

 

https://twitter.com/...erp|twgr^author

 

Waiting to see how we close....  I remain on a buy for VST, ST, and now my daily signal too....

 

I'm still going to hold my VXXB, because that too is on a buy signal....  We shall see how it plays out.  I take the signals - no guessing involved!  That's what stops are for..... when you are wrong..... I know some so called Guru's that are paper trading so the correct call is very important to them cause they need those new subs.   That aren't very good traders in my opinion....

 

Good Trading!

 

The closing price will be the most important to me....  Waiting to buy VXF!

 

Holding short actually, looks more like a set up for a gap down. (long qid 35.46) JMHO

 

Notice the lower Bollinger band curling down,  http://schrts.co/FxeVdahB



#29 opinionated

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Posted 13 March 2019 - 03:13 PM

Is that a shooting star?



#30 dTraderB

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Posted 13 March 2019 - 03:56 PM

Trading GPB/USD 

 

On fire.... 

 

haven't traded this since the night of the brexit referendum